Infineum celebrates 25 years of operation

Infineum celebrates 25 years of operation

Infineum celebrates 25 years of operation and restates their commitment to sustainable transportation

As colleagues around the world begin their 25th anniversary celebrations, CEO Aldo Govi reinforced their belief in and commitment to, sustainable transportation through his keynote presentation at ICIS London. 

The specialty chemicals company, a joint venture formed in 1999 between Shell and Exxon Mobil, recently announced their restructure into two strategic business units, Sustainable Transportation and Energy Applications.  CEO Aldo Govi said,

“Our purpose is to create a sustainable future through innovative chemistry, so it makes sense for us to be focusing on enabling the energy transition by reducing the carbon impact of the internal combustion engine and through the development of alternative fuels.

We believe key segments in this industry will continue to develop, certain countries will continue to grow, and although some segments are declining due to electrification, others are resilient or even instrumental in enabling e-mobility.” 

We want to remain leaders in sustainable transportation additives.  We have a strong brand and deep understanding of this industry, as we’ve been an integral part of it for 25 years. We understand the challenges we are all facing, and we are committed to finding solutions together.”

In addition, Aldo shared more about how Infineum will remain a sustainable, world-class business in the long term, through a second SBU (Energy Applications) to deliver diversification.  This will focus on existing and new resilient sectors maximising the value of Infineum’s unique technology and technology applications.

“I’m pleased to have shared how we’ve structured our organisation to support our customers, the industry and our future at  ICIS World Base Oils and Lubricants Conference in London, a prestigious event in the industry”

8.02.2024 11:37:00

Worldwide - Last Added

Countdown to UNITI 2024 Mineral Oil Technology Forum

Countdown to UNITI 2024 Mineral Oil Technology Forum

In a few weeks’ time, the lubricants industry will once again meet in Stuttgart, Germany for the UNITI Mineral Oil Technology Forum (UMTF) between 16-17 April 2024. After ...

27.03.2024 18:44:00
LIQUI MOLY confidently on course for a billion

LIQUI MOLY confidently on course for a billion

German motor oil and additive producer increases sales by almost 15 percent to € 917 million in 2023. Oil and additive sales soar in volume. Number of employees grows by ...

29.02.2024 13:40:00
Mobil 1 celebrates its 50th anniversary

Mobil 1 celebrates its 50th anniversary

ExxonMobil is proud to celebrate the 50th anniversary of the introduction of Mobil 1™ motor oil to the global marketplace. In 2024, ExxonMobil will commemorate its 50-year ...

16.02.2024 13:41:00
Infineum celebrates 25 years of operation

Infineum celebrates 25 years of operation

Infineum celebrates 25 years of operation and restates their commitment to sustainable transportation As colleagues around the world begin their 25th anniversary ...

8.02.2024 11:37:00
Volvo launches new trucks worldwide

Volvo launches new trucks worldwide

Volvo Trucks has unveiled an all-new heavy-duty truck platform for the North American market in parallel to a new heavy-duty truck range for Europe, Australia and markets in Asia ...

2.02.2024 14:25:00
Nynas and Stena Recycling collaborate to re-refine transformer oils

Nynas and Stena Recycling collaborate to re-refine transformer oils

Nynas and Stena Recycling have entered a strategic partnership, combining Nynas’ world-class refining technology and market-leading circular transformer fluid with Stena's ...

30.01.2024 14:45:00
The countdown to 28th ICIS World Base Oil Conference has begun

The countdown to 28th ICIS World Base Oil Conference has begun

With just 4 weeks to go, the countdown to this premier event has begun! Join Lubricant World at the prestigious Park Plaza Westminster Bridge in London for the highly anticipated ...

12.01.2024 10:00:00
Pegasus Airlines selects NYCO turbine oil TURBONYCOIL 600

Pegasus Airlines selects NYCO turbine oil TURBONYCOIL 600

NYCO announces that, the leading low-cost operator in Turkey, Pegasus Airlines, has selected TURBONYCOIL® 600 to lubricate the engines of its whole ...

29.11.2023 16:30:00
LIQUI MOLY invests 8 million euro in the expansion of its production in Ulm

LIQUI MOLY invests 8 million euro in the expansion of its production in Ulm

LIQUI MOLY is opening a new chapter at its headquarters in Ulm, Germany where where it develops and produces its additives. Managing Directors Günter Hiermaier and Dr. Uli ...

29.11.2023 13:15:00
TotalEnergies unveils new charging solution for electric trucks

TotalEnergies unveils new charging solution for electric trucks

TotalEnergies announced the launch of an in-depot electric truck charging service today at the SOLUTRANS road and urban transportation trade show. With this new solution, ...

24.11.2023 16:55:00